December 2002 by Staff• Sterling Mining Company
• Pan American Silver Corp.
• Vista Gold Corp.
• Fronteer Development Group
• US Gold Corp.
• NovaGold Resources
The high-tech industries are making use of a number of so-called “minor” metals, many of which are obtained as byproducts of copper, lead, or zinc mining. Some of the minor metals have properties that are ideal for certain applications and, in some cases, advancements in technology are being held back because of a shortage of the metals.
When we last heard from Ernie, he was still in Honduras and we were anxiously waiting to hear how the set up and training went at the mine. It got a bit complicated after that.
So far this year we have recovered over three pounds of gold and the hard rock veins seem to go on forever. We now have three claims that can produce good enough gold to set up a productive operation.
Prospectors have many reasons why they might want to break rocks. These include dividing up a specimen too large to carry.
Some assay beads disappear, collapse, hide under the surface, or spread out flat while being cupelled, just as the last tiny bit of liquid litharge is driven off. This is especially true of platinum, iridium and osmium, when attempting to re-bead the filtered residue from a parted bead.
There are many factors that affect the price of gold. It appears to us that the majority of them are now pointing to higher prices, not lower.
The Internal Revenue Service recently announced (IR-2013-5) a new, simplified option for those who use a home office, which would apply to owners of home-based mining or prospecting operations and businesses.
The Bawl Mill • Original Sixteen-to-One Mine Fights On • Solar-Powered Placer Sampling Equipment • Working the Belmont Mine—1953 (Part 3—Conclusion) • Picks & Pans: Gold and Bears • Gold in North Dakota • The North Star Mine • Dectecting Alaskan Gold Nuggets • The Ancient History of Gold • Columbians Continue Search for Emeralds • Mining Stock Quotes and Mineral & Metal Prices • Melman on Gold & Silver